Geopolitical turmoil slashes China's LPG imports in April-May

Source: Mysteel May 13, 2026 15:08

Amid the blockade in the Strait of Hormuz disrupted Middle East shipments, China's LPG imports are expected to plunge to 1.4 million tonnes in April and to keep low at 1.5-1.7 million tonnes in May.

China's liquefied petroleum gas (LPG) imports via VLGCs are expected to hit a five-year low in April and to keep low in May, as the blockade in the Strait of Hormuz disrupted Middle East shipments and forced Asian buyers to scramble for replacement cargoes from the U.S. and Africa. Apr